Franchises for Sale in Winston-Salem, North Carolina
Winston-Salem, North Carolina Franchise Opportunities (and Businesses for Sale)
Here at The UPS Store franchise, we know first-hand how important a healthy work-life balance is. When you become an owner of a The UPS Store, you are assisted with finding the right balance as you pursue your entrepreneurial…
75k Minimum Cash Required
Over 30 years of consistent growth. Ongoing support. Multiple revenue streams. Whether you’re looking into owning your very first store, or you’re interested in adding to your existing franchise portfolio, Batteries Plus…
100k Minimum Cash Required
Own a business that provides you the opportunity to help veterans, seniors, the disabled, caregivers, and others in your community. Keep them mobile by offering mobility products and equipment. Join Mobility Plus and start…
50k Minimum Cash Required
Sniffing around for a great new opportunity? Zoomin Groomin is expanding our Mobile Pet Grooming business nationwide. Set your own schedule, be your own boss and work with pets all day. We’ll be right by your side, every…
100k Minimum Cash Required
Today's busy lifestyles demand the services PostalAnnex offers. Capitalize on this demand and open your own business!! After retiring from the printing business PostalAnnex founder Jack Lentz began working out of his…
70k Minimum Cash Required
Automated Investments is the pillar of e-Commerce automation. Automated Investments build and operate profitable and hands off Amazon FBA (Fulfilled-By-Amazon) businesses for their clients and investors. While the clients and…
100k Minimum Cash Required
To gain comprehensive insights into Winston-Salem, North Carolina, consider these figures in the table below, which include demographic segments, household dynamics, and financial averages, all pivotal in assessing the viability and promise of your franchise endeavor.
| Winston-Salem, North Carolina Demographic Insights | ||
| Households (2023) | 103,508 | |
| Households (2028) | 106,468 | |
| Population (2023) | 252,974 | |
| Population (2028) | 260,970 | |
| Per capita Income (2023) | $37,874 | |
| Total Household Expenditures | $6,783,648,304 | |
| Total Retail Expenditures | $3,187,642,719 | |
| Average Household Income (2023) | $91,916 | |
| Average Household Income (2028) | $96,190 | |
| City Data retrieved from https://sitesusa.com/Data | ||
Local Insights
The automotive industry in Winston-Salem offers a promising opportunity for potential franchisees. With an estimated population of 257,902 in 2024, projected to grow to 266,765 by 2029, the city's expanding population creates a steady demand for automotive services. Data shows that Winston-Salem has a high rate of vehicle ownership, with 91.1% of households having at least one vehicle. This high vehicle ownership rate, combined with the projected annual population growth of 0.7%, indicates a robust market for automotive franchises offering maintenance, repair, and car wash services. Prospective franchisees can capitalize on this growing market by providing reliable and convenient automotive services to meet the needs of Winston-Salem's vehicle owners.
Read MoreWinston-Salem has an estimated 107,134 households in 2024, projected to increase to 110,826 by 2029. Home services franchises, including plumbing, electrical work, landscaping, and cleaning services, can thrive in this market by offering essential maintenance and improvement services. The retail gap report indicates significant potential in hardware stores, with a potential of $7.78 million against actual sales of $939.03 thousand.
The business services industry in Winston-Salem offers considerable opportunities for franchisees, driven by the city's growing economy and diverse business landscape. With over 10,891 total businesses and 112,325 employees as of 2024, the demand for professional business services is substantial. Services such as marketing, consulting, IT support, and human resources are essential for businesses to thrive in a competitive market. Winston-Salem's average household income of $90,843 in 2024 also indicates a strong economic base, supporting the growth of local enterprises. This growing market provides an excellent opportunity for franchisees to establish successful business services ventures in Winston-Salem.
Explore the franchise listings below and take the first step towards a rewarding business venture.
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As of November 22, 2024: